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Asetek Announces NEC Corporation as New Data Center OEM Partner

Asetek (ASETEK.OL) today announced NEC Corporation as a new data center OEM partner. NEC Corporation, through its subsidiary NEC Fielding, Ltd., will deploy Asetek RackCDU Direct-to-Chip™ liquid cooling at a new HPC (High Performance Computing) installation in Japan. Asetek has already begun to make shipments in support of this installation. This follows the announcement of an undisclosed OEM partner on September 7th, 2017.

“We are pleased to work with NEC on this project and look forward to further collaboration in the future,” said John Hamill, Asetek Chief Operating Officer. “Partnering with leading OEMs such as NEC is a cornerstone of our strategy to develop the emerging data center market.”

Asetek RackCDU D2C is a hot water liquid cooling solution that captures between 60% and 80% of server heat, reducing data center cooling cost by over 50% and allowing 2.5x-5x increases in data center server density. Learn more at www.asetek.com.

About NEC CorporationNEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.

About AsetekAsetek is the global leader in liquid cooling solutions for data centers, servers and PCs. Founded in 2000, Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan. Asetek is listed on the Oslo Stock Exchange (ASETEK). For more information, visit www.asetek.com